On Tuesday, July 22, at 10:00 am ET the Broad Institute of MIT and Harvard made a groundbreaking announcement: philanthropist Ted Stanley has made a commitment of $650 million to galvanize scientific research on psychiatric disorders and bring new treatments based on molecular understanding to hundreds of millions of people around the world.

The Stanley commitment – the largest ever in psychiatric research and among the largest for scientific research in general – will support research by a collaborative network of researchers within the Stanley Center for Psychiatric Research at the Broad Institute, a biomedical research institution that brings together faculty from MIT, Harvard University, the Harvard-affiliated hospitals, and collaborators worldwide...